The Striezelmarkt in Dresden is one of Germany's oldest documented Christmas markets. It was first mentioned in 1434, under Friedrich II, an Elector of Saxony, when it was held the Monday before Christmas on the Altmarkt square. Over the centuries it has developed into a huge event with 250 stands, taking up a large part of Dresden city centre and lasting throughout the Advent period. Today the Striezelmarkt attracts 2 million visitors a year from all over the world. The word Striezelmarkt comes from Strüzel or Stroczel, which was the name of a type of cake sold at the market, now famous as Stollen or Christstollen.